This course offers a study of the Uniform Commercial Code provisions that deal with commercial paper (Article 3), bank collections and deposits (Article 4), funds transfers (Article 4A) and letters of credit (Article 5), as well as material on alternative payment systems, including credit cards, electronic fund transfers and related federal law. Topics include negotiability, the holder-in-due-course doctrine, the demise of the holder-in-due-course doctrine in consumer transactions, allocation of risk for forgery and fraud, the bank-customer relationship, letters of credit, unauthorized use of credit cards, and risk of loss in funds transfers.